PayPal is a payment service which runs all over the world for money transfer. Her how to fix and open PayPal account in India and how to send money from one user to another.
What is mean by PayPal?
PayPal is an American company-operated and worked in the world for an online payment system that supports online payment transactions over the world. This company is established in 1998. Nowadays PayPal has 277 million active accounts.
This company provides service to all online vendors and a lot of commercial users, for this service company, charge the users and company for a per-transaction this process is done within strong firewalls and strong software which is not hack-able. Some of the things of PayPal is used for
- Send and receive payment.
- Purchase or sell goods and services.
- Exchange currency with someone.
If you have a PayPal account you can withdraw money in different ways you can associate with the bank and do the direct transactions.
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The opening account in PayPal is very easy and fast you don’t need to enter your bank account details. If you want to full features then you have to give them ban details otherwise our credit card details.
How to fix and Open PayPal Account in India Follow the below process –
- Go to the Paypal website or Download PayPal.
- Click on the sign-up option.
- If you want to use a PayPal account for eBay auction then select an Individual account then you can upgrade in the future and if you want to use a PayPal account to accept the money then select business.
- Enter your email address and password which you want to set when you want to login. Make sure your password is strong and don’t use temper email address, Email address account is used or verification.
- Then click on the continue option.
- Enter your personal details like Name, Address, city, state, Mobile number, etc.
- Then click on the continue button.
- After filling your personal details you have to give them your credit card or debit card details. If you don’t want to give them card details. Then click “I’d rather link my bank first”.
- Enter your bank account information don’t worry if you don’t want to enter details its optional field. If you want to skip this option click “I’ll link my bank later” skip the process.
- Apply for PayPal credit but it is optional.
- After this go to your email account which you mention previously in account details and verify the PayPal account By clicking on Activate my account. If you don’t find the mail from PayPal then check your spam.
- Link your Bank Account this option is to send and receive money.
- If your bank is not listed you will automatically link your account.
- If your bank is not listed then you have to enter the account number and routing number you can find routing number bottom of your checks. It will take some days for verification. PayPal send you two transaction money in a small amount into your account, You have to enter two valid number into your account to verify that you are the owner.
- Link your credit card and debit card.
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After your PayPal registration, you can able to –
- Transfer money from one bank to your PayPal account.
- You can transfer the amount from one PayPal account to another PayPal account.
- Transfer amount to your PayPal account to your savings account if you want.
- PayPal debit card is also available to withdrawal amount from ATM or to use in the real world.
Benefits of PayPal –
- Flexibility for sellers – By using PayPal account buyer and seller can easily send money and receive money
- Speed – PayPal can send money from one account to another within 24 hours.
- Affordability – PayPal deducts 30 cents per transaction plus 3% of the total amount of transactions.
- Account Privacy – PayPal is secure.
- Ease of Record-Keeping – Users can poll out there records when the account was opened. Users can get there report if the transaction is more than 200.
- Acceptance Online – We can pay from PayPal to a lot of online websites which is accepting PayPal transactions.
If you are facing any issue while opening the account then Contact Us. Our technical team will try to solve your problem.
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